Just received call with offer of 100K merit scholarship! So excited!!!!! Accepted back in December.
So I have a few questions about these merit scholarships, and I apologize if I am repeating anything already addressed earlier:
1) Distribution of Scholarships:
-How many students receive some form of merit scholarship?
-What percentage of students would you say receive a significant scholarship (100K or more)?
-How many of each kind of scholarships are given out? From what I can tell there is a 200K scholarship, which seems to be a full-tuition scholarship, and a 100K scholarship which seems to be a half-tuition scholarship. Are there any other scholarships? And roughly what percentage of the class receives each type of these scholarships?
2) Effect of Merit Aid on Need-Based Aid
-How does receiving a merit scholarship affect financial aid package. Let's say Student X was theoretically qualified to receive 100K in total need-based grants. If student X received a 100K merit based scholarship, would s/he not receive need-based grants?
Hoping to get some input from current students or people who know a lot about this process!